Author Topic: KLSE starting to collapse  (Read 502639 times)

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Re: KLSE starting to collapse
« Reply #10100 on: July 11, 2018, 04:13:23 PM »
Malaysian benchmark palm oil futures hit at a two-year low on Wednesday afternoon. It was last down 1.6% at RM2,223.

Palm oil counters ... also hopeless  :'( :sweat: :phew:

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Re: KLSE starting to collapse
« Reply #10101 on: July 11, 2018, 04:26:21 PM »
Malaysian benchmark palm oil futures hit at a two-year low on Wednesday afternoon. It was last down 1.6% at RM2,223.

Palm oil counters ... also hopeless  :'( :sweat: :phew:
Malaysia is like a man who fall down from a ladder (1MDB - 50billion stolen)
Than he broke his angle  (Najis gov pay 20billion to China contractor for 15% work down ECRL )
Than the ladder fall on his head ( Najis gov 8billion paid to another China contractor for pipeline job)
Red ant nest falling on him while he suffering in pain on the ground (GLC over pay hundreds of millions to political appointee)
Than a durian suddenly drop on his face (10b mrt job inflated to 30b by coruupt Najib gov)
now another 100b CPO industry is facing pressure
"The only conquests which are permanent and leave no regrets are our conquests over ourselves"    Quote from Napolean Bonaparte

Politicians like to rally the masses to stage conquest  against "the enemy",  the real intent is  actually...$ $

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Re: KLSE starting to collapse
« Reply #10102 on: July 11, 2018, 07:00:49 PM »
KUALA LUMPUR (July 11): RHB Retail Research said bulls continue to dominate the market, extending the bullish view for the FBM Small Cap Index (FBMSC).

In a technical analyser today, the research said the FBMSC rebounded by 22.21 points to 13,834.87 points yesterday.

It said the index has managed to hold above the 13,719-point support.

"From our technical perspective, the bullish bias since early April remains in play, given that the FBSMC has not slipped below this support yet.

"There is a possibility a 'Triple Bottom' reversal pattern will appear if a strong rebound near the aforementioned 13,719 points occurs in later sessions.

"At this juncture, the bulls still dominate market sentiment," it said.

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Re: KLSE starting to collapse
« Reply #10103 on: July 11, 2018, 08:27:45 PM »
KUALA LUMPUR (July 11): RHB Retail Research said bulls continue to dominate the market, extending the bullish view for the FBM Small Cap Index (FBMSC).

In a technical analyser today, the research said the FBMSC rebounded by 22.21 points to 13,834.87 points yesterday.

It said the index has managed to hold above the 13,719-point support.

"From our technical perspective, the bullish bias since early April remains in play, given that the FBSMC has not slipped below this support yet.

"There is a possibility a 'Triple Bottom' reversal pattern will appear if a strong rebound near the aforementioned 13,719 points occurs in later sessions.

"At this juncture, the bulls still dominate market sentiment," it said.

Got mani RHB mkt players make moni now ?

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Re: KLSE starting to collapse
« Reply #10104 on: July 11, 2018, 10:18:35 PM »
SINGAPORE (July 11): For Mark Mobius, there may be worse to come even after the US fired new shots in its trade war with China: a further 10% drop in emerging-market stocks and a global financial crisis.

“There’s no question we’ll see a financial crisis sooner or later because we must remember we’re coming off from a period of cheap money,” the veteran investor in developing nations said in an interview in Singapore. “There’s going to be a real squeeze for many of these companies that depended upon cheap money to keep on going.”

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Re: KLSE starting to collapse
« Reply #10105 on: July 12, 2018, 08:52:00 AM »
SINGAPORE: A US-China trade war and a further 10% drop in emerging-market stocks might not be the worst things to happen this year, according to Mark Mobius.

The veteran investor in developing nations also sees a worldwide financial crisis on the horizon.

“There’s no question we’ll see a financial crisis sooner or later because we must remember we’re coming off from a period of cheap money,” he said in an interview in Singapore.

“There’s going to be a real squeeze for many of these companies that depended upon cheap money to keep on going.”

Tighter liquidity as the Federal Reserve and European Central Bank normalise monetary policy has weighed on emerging markets this year, along with the rising dollar and deteriorating trade backdrop.

The dispute between the US and China will probably worsen as President Donald Trump is unlikely to suffer much blow-back from his tariffs, as their inflationary impact will be matched by rising US wages at a time when unemployment is low, Mobius said.

The MSCI Emerging Markets Index will likely fall a further 10% from current levels, predicted Mobius, who left Franklin Templeton Investments earlier this year to set up Mobius Capital Partners LLP. That would tip the gauge, which has fallen around 16% from a peak in late January, into a bear market.

The MSCI Emerging Markets Currency Index has dropped around 7% from a high in late March, forcing central banks from Turkey to Argentina and Indonesia to raise rates to defend their currencies. The rate hikes may be a “short-term fix”, but could be counter-productive for countries with high amounts of debt, Mobius said, adding that governments need to put their finances in order to restore investor confidence.

Despite all the gloom, the 81-year-old investor sees the slump as a buying opportunity and is seeking to raise funds. — Bloomberg
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Re: KLSE starting to collapse
« Reply #10106 on: July 12, 2018, 12:31:32 PM »
“The manufacturing sector output rose by 4.1% in May 2018 after recording a growth of 5.3% in April 2018,” he said.

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Re: KLSE starting to collapse
« Reply #10107 on: July 13, 2018, 11:30:43 AM »
HONG KONG, July 11 — China vowed to fightback against the Trump administration’s plans to impose tariffs on an additional US$200 billion (RM805.6 billion) in Chinese goods, escalating a trade war between the world’s two biggest economies.

Beijing described the latest US move as “totally unacceptable” bullying, and urged other countries to join China to protect free trade and multilateralism. China promised to lodge complaints at the World Trade Organisation but didn’t detail what its retaliatory measures would be.

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Re: KLSE starting to collapse
« Reply #10108 on: July 13, 2018, 12:33:59 PM »
KUALA LUMPUR: The price of crude palm oil (CPO) futures contract in Kuala Lumpur, the global benchmark, fell to its lowest level since September 2015 as slow export growth and rising stockpile curbed the market's appetite for the commodity.

In the derivatives market, the most active CPO futures contract declined RM18 to RM2,186 a tonne.


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Re: KLSE starting to collapse
« Reply #10109 on: July 13, 2018, 12:36:03 PM »
CIMB Research underweight on rail sector after smaller scale LRT3.

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Re: KLSE starting to collapse
« Reply #10110 on: July 13, 2018, 12:37:14 PM »
KUALA LUMPUR: The Ministry of Finance’s (MoF) decision to scale down the LRT 3 project (Bandar Utama-Klang) is a short-term reprieve for the contractors involved but is still net negative.

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MARKET BULL AGAIN $$$$$$$$
« Reply #10111 on: July 14, 2018, 10:47:31 PM »
 :giggle: :giggle: :giggle:

Mr KOLEP  @  Olient    >>  GOOOOOOOOOOOOOO  to  BED  NOW  ;) :thumbsup: :D :D

like it Or  NOT  >>  MARKET  NOW  ON  BULL  AGAIN  :cash: :cash: :cash: :cash: :thumbsup:

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Re: KLSE starting to collapse
« Reply #10112 on: July 15, 2018, 02:03:23 PM »
:giggle: :giggle: :giggle:

Mr KOLEP  @  Olient    >>  GOOOOOOOOOOOOOO  to  BED  NOW  ;) :thumbsup: :D :D

like it Or  NOT  >>  MARKET  NOW  ON  BULL  AGAIN  :cash: :cash: :cash: :cash: :thumbsup:

Hi  dogkim, it's good that you're still alive  :thumbsup:
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Re: KLSE starting to collapse
« Reply #10113 on: July 15, 2018, 02:03:45 PM »
Is it the right time for put warrant now??
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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10114 on: July 15, 2018, 04:09:33 PM »
:giggle: :giggle: :giggle:

Mr KOLEP  @  Olient    >>  GOOOOOOOOOOOOOO  to  BED  NOW  ;) :thumbsup: :D :D

like it Or  NOT  >>  MARKET  NOW  ON  BULL  AGAIN  :cash: :cash: :cash: :cash: :thumbsup:

Dow jone  now  steamingg  , 25000 ++ :thumbsup: :clap: :clap:

BULL  iS  BACK  AGAIN  :thumbsup: :cash: :cash: :cash: :)

Mr KOLEP  OLIENT  ? :giggle: :giggle:....24 HRS IN SHIVERINGGG  MODE

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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10115 on: July 15, 2018, 04:28:58 PM »
Dow jone  now  steamingg  , 25000 ++ :thumbsup: :clap: :clap:

BULL  iS  BACK  AGAIN  :thumbsup: :cash: :cash: :cash: :)

Mr KOLEP  OLIENT  ? :giggle: :giggle:....24 HRS IN SHIVERINGGG  MODE

KUALA LUMPUR: Buying momentum on Bursa Malaysia is expected to continue next week, in line with the global equities on lack of worries over trade war between the United States and China.

Hermana Capital Bhd Chief Executive Officer and Chief Investment Officer Datuk Dr Nazri Khan Adam Khan said the positive sentiment would restore investors risk appetite.

On the local front, he said the reduction of foreign fund outflow from the country would also support the market next week.

>>  BE  GREEEEEEEEEEEEEEEEDY  :) 8) :thumbsup: :clap: :clap: :cash: :cash: :cash:

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Re: KLSE starting to collapse
« Reply #10116 on: July 15, 2018, 09:13:54 PM »
Outlook: Bargain hunting on the local equities scene helped the market’s recovery over the week, although foreign funds continue to exit the country. Nevertheless, the trade war has ramped up and is expected to intensify further as no resolution remains in sight.

Oil prices are also coming under pressure given Opec and Russia’s plan to increase supplies on the global market while the ringgit is expected to slide further against the greenback as the trade conflict worsens.

On a more positive note, the technical indicators show bulish momentum, suggesting that the current recovery is set to continue over the near term. The FBM KLCI has crossed the 23.6% Fibonacci retracement level based on its decline from a peak of 1,895 in April. Continued upside momentum will see the potential to rise further towards the 38.2% retracement level at 1,750 and further challenge the nearby resistance at 1,760, which meets the 50-day simple moving average.

However, the slow-stochastic indicates an overbought condition and investors are likely to lock in profits before another sour turn in the trade war saga. Should the market take a breather from the rally, there may be a pullback to the support at 1,680.


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Re: KLSE starting to collapse
« Reply #10117 on: July 15, 2018, 10:14:04 PM »
The White House is upping the ante, however, with fresh sanctions. The U.S. has launched a sped-up regulatory process to sanction another $200 billion in Chinese imports before the end of September and it’s threatened to bring the total to $450 billion.

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Re: KLSE starting to collapse
« Reply #10118 on: July 16, 2018, 01:15:50 AM »
Push the index below 1700 and 1650 before August  :handshake:

Outlook: Bargain hunting on the local equities scene helped the market’s recovery over the week, although foreign funds continue to exit the country. Nevertheless, the trade war has ramped up and is expected to intensify further as no resolution remains in sight.

Oil prices are also coming under pressure given Opec and Russia’s plan to increase supplies on the global market while the ringgit is expected to slide further against the greenback as the trade conflict worsens.

On a more positive note, the technical indicators show bulish momentum, suggesting that the current recovery is set to continue over the near term. The FBM KLCI has crossed the 23.6% Fibonacci retracement level based on its decline from a peak of 1,895 in April. Continued upside momentum will see the potential to rise further towards the 38.2% retracement level at 1,750 and further challenge the nearby resistance at 1,760, which meets the 50-day simple moving average.

However, the slow-stochastic indicates an overbought condition and investors are likely to lock in profits before another sour turn in the trade war saga. Should the market take a breather from the rally, there may be a pullback to the support at 1,680.


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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10119 on: July 16, 2018, 07:02:17 AM »
KUALA LUMPUR: Buying momentum on Bursa Malaysia is expected to continue next week, in line with the global equities on lack of worries over trade war between the United States and China.

Hermana Capital Bhd Chief Executive Officer and Chief Investment Officer Datuk Dr Nazri Khan Adam Khan said the positive sentiment would restore investors risk appetite.

On the local front, he said the reduction of foreign fund outflow from the country would also support the market next week.

>>  BE  GREEEEEEEEEEEEEEEEDY  :) 8) :thumbsup: :clap: :clap: :cash: :cash: :cash:

PANIC  BUYINGGGG  TODAY  :clap: :clap: :clap: :cash: :cash: :cash: :)
AS  BULL  IS  BACK  AGAIN  !

DOW  JONE  NOW  25,000 ++  , KLCI  1730  :) 8) :handshake:

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Re: KLSE starting to collapse
« Reply #10120 on: July 16, 2018, 07:40:20 AM »
PETALING JAYA: Federal International Holdings Bhd foresees its construction arm to be the group’s key growth driver over the long run, despite the market’s cautious stance on the domestic construction and real estate sectors.

Group managing director Datuk Choy Wai Hin told StarBiz that Federal International’s involvement in construction activities, via its wholly owned subsidiary Pembinaan Masteron Sdn Bhd (PMSB), is largely insulated from the sector’s current challenges and uncertainties.

This is primarily because PMSB’s contracts come solely from its sister company, Masteron group, a privately-held entity of the Choy family – which is also the single largest shareholder in Federal International.

“We are optimistic about the group’s long-term prospects, supported by our decades-long furniture business and our construction segment. We anticipate to register stronger results, going forward, for both topline and bottom line, primarily driven by contributions from PMSB.

“Historically, our furniture-related businesses delivered a revenue of about RM50mil to RM80mil annually. On the other hand, PMSB’s projected top line contribution is expected to be RM150mil to RM200mil a year.

“In general, our venture into the construction segment will help to strengthen our financials further,” said Choy.

Formerly known as Federal Furniture Holdings (M) Bhd, the Main Market-listed company is involved in the manufacturing of furniture, the production of kitchen cabinets and providing interior fit-out for businesses, apart from its construction business.

Its key clients in the furniture segment include Starbucks, Bank Simpanan Nasional, the Ritz-Carlton Kuala Lumpur and Legoland Malaysia.

Federal International diversified into the construction scene in late 2016 after it acquired a 60% stake in PMSB for RM33mil from the Choy family in a related-party transaction.

The rationale for the acquisition was for the group to derive synergistic benefits over the long run, as building construction would complement its core furniture business.

Subsequently, in April 2018, the group purchased the remaining 40% equity interest in PMSB for RM27mil, making it a wholly owned subsidiary of Federal International.

Commenting on the prospects of the group’s construction business, Choy said PMSB had an order book of RM187mil as at end-March 2018, which provides earnings visibility until end-2019.

“The Masteron group of companies has a portfolio of ongoing and planned development projects worth not less than RM3bil in gross development value.

“The Masteron group is in the process of awarding construction contracts valued at RM496mil to PMSB in 2018 or 2019, allowing PMSB and Federal International to benefit from the developments. Currently, slightly over 50% of the group’s top line is contributed by PMSB,” he said.

Choy added that Federal International planned to pursue construction jobs from other developers, apart from broadening its footprint into the Asia-Pacific market.

“Two to three years from now, we are looking at undertaking construction works from other developers as compared to our current focus on the Masteron group.

“Diversification remains a key agenda for Federal International, as we aim to strengthen the group’s operational and financial performance over the long run,” he said.
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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10121 on: July 16, 2018, 08:57:37 AM »
PANIC  BUYINGGGG  TODAY  :clap: :clap: :clap: :cash: :cash: :cash: :)
AS  BULL  IS  BACK  AGAIN  !

DOW  JONE  NOW  25,000 ++  , KLCI  1730  :) 8) :handshake:

huartt  arrrrr  >>  BULL  BULL  BULL  :clap: :clap: :clap: :thumbsup: :cash:

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Re: KLSE starting to collapse
« Reply #10122 on: July 16, 2018, 10:00:03 AM »
Those who masuk during green mkt happi hour ... now kena trapped again ?  :S :'(

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Re: KLSE starting to collapse
« Reply #10123 on: July 16, 2018, 11:04:02 AM »
KUALA LUMPUR (July 16): The sale of Malaysian equity by foreign funds narrowed to RM531.8 million last week from RM704.3 million the prior week, according to MIDF Amanah Investment Bank Bhd Research.

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Re: KLSE starting to collapse
« Reply #10124 on: July 16, 2018, 11:39:08 AM »
PETALING JAYA: Non-interest income and net interest margins (NIMs) of banks could take a further hit, resulting in lower earnings for banks in the second half (H2) of the year.

This is expected to happen amid a softer capital market and stronger competition for deposits, resulting in a margin squeeze.


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Re: KLSE starting to collapse
« Reply #10125 on: July 16, 2018, 11:43:21 AM »
“Rates going up is manageable. If there is a recession, the economy slows down and debts turn bad, there will be no jobs and less affordability. The next financial crisis will likely be bigger than the one in 2008 which occurred when the credit market froze up.

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Re: KLSE starting to collapse
« Reply #10126 on: July 16, 2018, 11:47:50 AM »
-3.98
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Re: KLSE starting to collapse
« Reply #10127 on: July 16, 2018, 11:53:38 AM »
-4.29  :clap:
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Re: KLSE starting to collapse
« Reply #10128 on: July 16, 2018, 01:32:40 PM »
(吉隆坡16日讯)区域股市普遍走软,拖累马股盘中下滑。

截至早上10点,富时隆综指跌3.15点,至1718.78点。

下跌股242只,上升股236只,另有308只无起落。成交量5亿4398万股,值2亿5783万令吉。

下跌股包括Petronas Dagangan Bhd、Kuala Lumpur Kepong Bhd、British American Tobacco (M) Bhd、Genting Plantations Bhd、MSM Malaysia Holdings Bhd、UMW Holdings Bhd、Hong Leong Financial Group Bhd、Dialog Group Bhd和Hartalega Holdings Bhd。

热门股有Sino Hua-An International Bhd、Malaysian Resources Corp Bhd、Vivocom International Bhd、My E.G. Services Bhd与APFT Bhd。

上升股为United Plantations Bhd、Carlsberg Brewery Malaysia Bhd、Malaysian Pacific Industries Bhd、Tasek Corp Bhd、Scientex Bhd、Petron Malaysia Refining & Marketing Bhd、Hengyuan Refining Co Bhd、Padini Holdings Bhd及 Kossan Rubber Industries Bhd。

根据路透社报导,亚洲股市周一走低,因投资者在中国主要经济数据(预计呈放缓迹象)发布前保持谨慎。

尽管对美中贸易战的更广泛关注继续缓和风险偏好,但过去几天北京或华盛顿没有任何言论升级,加上华尔街工业企业的强劲收益,皆有助于支持市场情绪。

丰隆投资银行研究指出,目前大部分负面交易发展已经定价,投资者关注的是当前的2018年第二季财报季节,预计按年增长超过20%。

美国和中国在交换报复性威胁几天之后恢复谈判的最新动态,也可能缓解市场情绪。

道琼斯指数的关键阻力位于25300至25400点,支撑位于24000至24300点。

“从恢复至1700点以上和多个关键移动平均线(SMA)中获得线索,加上第14届全国大选(GE14)后的净流出减少,大马交易所的情绪可能在本周进一步改善,关键阻力位于1740至1750点之间,关键支持位于1690至1700点。”

 

(编译:魏素雯)
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Re: KLSE starting to collapse
« Reply #10129 on: July 16, 2018, 01:33:05 PM »
KUALA LUMPUR (July 16): The FBM KLCI drifted lower at mid-morning today, tracking losses at most regional markets.

At 10am, the FBM KLCI dipped 3.15 points to 1,718.78.

Losers edged gainers by 242 to 236, while 308 counters traded unchanged. Volume was 543.98 million shares valued at RM257.83 million.

The top losers included Petronas Dagangan Bhd, Kuala Lumpur Kepong Bhd, British American Tobacco (M) Bhd, Genting Plantations Bhd, MSM Malaysia Holdings Bhd, UMW Holdings Bhd, Hong Leong Financial Group Bhd, Dialog Group Bhd and Hartalega Holdings Bhd.

The actives included Sino Hua-An International Bhd, Malaysian Resources Corp Bhd, Vivocom International Bhd, My E.G. Services Bhd and APFT Bhd.

The gainers included United Plantations Bhd, Carlsberg Brewery Malaysia Bhd, Malaysian Pacific Industries Bhd, Tasek Corp Bhd, Scientex Bhd, Petron Malaysia Refining & Marketing Bhd, Hengyuan Refining Co Bhd, Padini Holdings Bhd and Kossan Rubber Industries Bhd.

Asian shares were lower on Monday, brushing off the firmer Wall Street lead as investor caution dominated ahead of the release of key Chinese economic data, which is expected to show signs of a slowdown, according to Reuters.

But while broader concerns about the U.S.-China trade war continue to temper risk appetite, the absence of any escalation of rhetoric out of Beijing or Washington over the past few days is helping support sentiment, as are strong earnings from industrial firms on Wall Street, it said.

Hong Leong IB Research in a traders’ brief said that most of the negative trade developments have already priced in at this moment and investors are focusing on the ongoing 2Q18 earnings reporting season, which is forecasted to jump over 20% year-on-year.

It said sentiment is also likely to be cushioned by the latest developments that the U.S. and China are open to resume negotiations after days of exchanging retaliatory threats.

“Dow’s key resistance is situated at 25300-25400 while supports fall on 24000-24300 territory.

“Taking cues from a successful recovery above 1700 and multiple key SMAs, coupled with the easing net outflows post GE14, sentiment on the local bourse is likely improve further this week with key resistance located at 1740-1750 zones.

“Notable risk remains on the potential escalation of US/China tariffs overtures following a relatively softer tone last week. Key supports are at 1690-1700,” it said.
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Re: KLSE starting to collapse
« Reply #10130 on: July 16, 2018, 02:00:12 PM »
KUALA LUMPUR (July 16): The FBM KLCI is expected to pause for a breather today after having accelerated over last week despite the generally cautious sentiment at most markets given the U.S.-China tariff overtures.

However, the benchmark local index is seen remaining above the crucial 1,700-point level.

The benchmark S&P 500 index hit a more than five-month high on Friday on gains in industrial stocks and energy companies, while the safe-haven U.S. dollar flattened after touching a two-week high, according to Reuters.

Gold slipped to seven-month lows and Treasury prices rose after the Federal Reserve reinforced views of strong U.S. economic growth in a report to Congress, reinforcing expectations of higher interest rates, it said.

The Dow Jones Industrial Average rose 94.52 points, or 0.38 percent, to 25,019.41, the S&P 500 gained 3.02 points, or 0.11 percent, to 2,801.31 and the Nasdaq Composite added 2.06 points, or 0.03 percent, to 7,825.98, said Reuters.

Based on corporate announcements and news flow yesterday, companies in focus on today may include: IHH Healthcare Bhd, JAKS Resources Bhd, Star Media Group Bhd, Bintai Kinden Corp Bhd and DiGi.Com Bhd.
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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10131 on: July 16, 2018, 04:54:48 PM »
PANIC  BUYINGGGG  TODAY  :clap: :clap: :clap: :cash: :cash: :cash: :)
AS  BULL  IS  BACK  AGAIN  !

DOW  JONE  NOW  25,000 ++  , KLCI  1730  :) 8) :handshake:

LETS  SHOUT  >>  BULL  BULL  BULL    5 X  :thumbsup: :cash: :cash: :cash: :cash:

OLIENT  :giggle: :rofl:  NOW  ??.....OLIENT  IN  :S :sweat: :giggle:

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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10132 on: July 16, 2018, 06:00:08 PM »
LETS  SHOUT  >>  BULL  BULL  BULL    5 X  :thumbsup: :cash: :cash: :cash: :cash:

OLIENT  :giggle: :rofl:  NOW  ??.....OLIENT  IN  :S :sweat: :giggle:
Hey dogkim  ;)
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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10133 on: July 16, 2018, 08:29:50 PM »
Hey dogkim  ;)

Mr Kolep Olient  :giggle:   >> :handshake:  SUPER  BULL  AGAIN   ! :thumbsup: :clap: :clap: :clap:

Olient   :giggle: :rofl: >>  Don't  BE  P O N D A N  :cash: :cash:

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Re: KLSE starting to collapse
« Reply #10134 on: July 17, 2018, 03:57:58 AM »
(吉隆坡16日訊)國家銀行在內的全球國際外匯儲備一再下滑,外資撤離也讓大馬股匯雙跌;但分析員相信,本地基金足以支撐馬股走勢,令吉走勢將受全球貿易局勢所牽制,年底可望回升至3.95。

英特太平洋證券研究在《第3季策略報告》指出,新興市場流失外資的局勢可能延續至年底,但在5月2日至本月13日期間,外資共淨賣117億7000萬令吉馬股,流出的外資規模似乎已觸頂。

因此,該行相信本地基金將足以支撐外資的流失。

此外,近期令吉兌美元匯率走貶至4.0以下水平,MIDF證券研究指出,美中貿易戰和政策的不確定因素,將壓制令吉升值,預計今年平均處在4.0的水平,但有望在年底回升至3.95。

外匯儲備萎縮

“美中貿易戰對全球貿易造成嚴重衝擊,新興經濟體的投資情緒將受影響。貿易戰和美元走強的情況下,區域貨幣也將面對壓力。”

此外,英特太平洋證券研究分析主管馮廷秀在報告中指出,富馬隆綜指回落,也關係到外匯儲備繼續萎縮。

“馬股下跌的特點是國內短期流動性惡化。外資撤離美國以外的市場,也基于包括我國在內的全球國際外匯儲備持續減少。”

截至6月底,國行的國際儲備金跌至1047億美元(約4239億令吉)。

英特太平洋證券研究認為,全球央行儲備減少,是全球美元融資短缺的症狀,因為約62.7%的央行儲備,是以美元計價的形式保存。

令吉走穩馬股起落不定

外憂內患多,馬股週一(16日)在1720點心理水平左右起落不定,令吉兌美元匯率則略揚。

根據國行資料,令吉兌美元週一早上9時開盤報4.05,比上周五(13日)閉市的4.0530,稍升值0.7%,並在中午12時保持在4.05的水平。

“彭博社”數據顯示,令吉兌美元一度升0.19%至4.0433,是本月6日以來的最高價位。

國行匯價紀錄顯示,令吉兌美元于上周五(13日)低觸至4.0530,是2017年12月29日以來最低。

股市方面,富馬隆綜指先微升0.72點,以1722.65點開市,休市下滑3.28點,掛1718.65點,半日交投11億1434萬股。

富馬隆綜指隨后轉跌4.76點至1717.17點,截至4時半報1721.89點,跌0.04點,成交量18億1725萬3600股。
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Re: KLSE starting to collapse
« Reply #10135 on: July 17, 2018, 03:59:54 AM »
KUALA LUMPUR (July 16): Based on corporate announcements and news flow today, companies that may be in focus on Tuesday (July 17) may include the following: DBE Gurney Resources Bhd, KLCC Stapled Group, Salcon Bhd, TFP Solutions Bhd, Pasdec Holdings Bhd, GHL Systems Bhd, Nova MSC Bhd and Xinghe Holdings Bhd.

DBE Gurney Resources Bhd’s wholly-owned subsidiary DBE Poultry Sdn Bhd has secured a RM36 million contract from Ayamas Food Corp Sdn Bhd to supply poultry products to all KFC restaurants in Perak for a one-year period ending June 30, 2019.

DBE Gurney said the signing of the agreement is expected to generate an annual turnover of about RM36 million to the group.

Former Petroliam Nasional Bhd (Petronas) chairman Tan Sri Mohd Sidek Hassan has tendered his resignation as chairman and director of KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT).

In a filing with Bursa Malaysia today, KLCCP said Mohd Sidek, 67, is stepping down from his position with immediate effect.

In a separate filing, KLCC REIT said following Mohd Sidek’s resignation from KLCCP, he is also resigning as chairman and director of KLCC REIT Management Sdn Bhd.

This is in line with the requirement for common directors with respect to KLCCP and KLCC REIT Management to ensure alignment with the interests and directions of KLCCP and KLCC REIT within KLCC Stapled Group.

Salcon Bhd has bagged a RM71.27 million contract to build a storm water-pumping station in Sri Lanka over a 21-month period.

Salcon said its wholly-owned subsidiary Salcon Engineering Bhd has received the letter of acceptance from the Ministry of Megapolis and Western Development of Sri Lanka for the design and building of the Ambatale Storm Water Pumping Station.

Salcon said the project will commence upon the fulfilment of the conditions precedent, and is expected to contribute positively to its earnings in the financial year ending Dec 31, 2018 (FY18), FY19 and FY20.

Business productivity consultancy TFP Solutions Bhd's major shareholder Datuk Hussian @ Rizal A. Rahman, 56, is now its managing director (MD).

The former non-independent director, who holds a 30.59% indirect stake via his company Rappotrans Sdn Bhd, has also relinquished his post in the audit committee due to his MD designation.

Pasdec Holdings Bhd chief executive officer (CEO) Datuk Zuber Shamsuri will step down from his post following the expiry of his contract tomorrow.

According to Pasdec's Annual Report 2017, Zuber, 51, was appointed as CEO on July 17, 2017.

Previously he was a group project director of Zenith Aim Group. He joined Zenith Aim Group of Co since 1989 and has in-depth experience in project development planning, construction and property management.

GHL Systems Bhd has been appointed as a direct merchant acquirer for UnionPay International in Malaysia.

GHL’s wholly-owned subsidiary GHL Cardpay Sdn Bhd has commenced merchant acquiring for UnionPay and is expected to reach 5,000 merchant outlets by August.

With this, GHL will be enabling merchants to accept both UnionPay card payments and QR Code payments.
 
After falling into the red for two consecutive financial years, Nova MSC Bhd expects to turn itself around in the current financial year ending March 31, 2019 (FY19), on the back of its backlog orders from the digital government services segment.

Its current orderbook stands at RM117 million, which will keep the group busy for the next three years.

Focused on its two strategic pillars of e-solutions, namely digital government and smart healthcare Nova MSC is eyeing to secure more contracts for its digital government services segment, particularly in Malaysia.

Additionally, the group is expecting a "substantial revenue contribution" from its digital government services in Malaysia, while capitalising on the Malaysian government's aspirations to digitalise and revamp the public areas.

Xinghe Holdings Bhd has aborted its planned private placement of up to 10% of its issued share capital to raise up to RM18.32 million.

In a filing with Bursa Malaysia, Xinghe said the deadline for it to fully implement the private placement lapsed yesterday.

"The company does not wish to seek any extension of time for the private placement," it added.

On Oct 16 last year, Xinghe proposed to place out new shares to third-party investors to be identified later to raise up to RM18.32 million, mainly for working capital or funding future investments or business projects in Malaysia, as well as expenses relating to the proposed exercise.
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Re: KLSE starting to collapse
« Reply #10136 on: July 17, 2018, 04:02:35 AM »
(吉隆坡16日讯)对于东南亚最大的经济体而言,2018年本不该如此。

如果应付贸易战还不够麻烦的话,还有全球政策紧缩浪潮、油价攀升、国内政治局势给该地区增长前景构成重重压力。

随着市场波动激增,决策者正在改变经济策略,在某些情况下更为重视汇率稳定,或者是结构性调整。

“随着贸易战风险成真,出口将面临更大阻力,”彭博经济研究的塔玛拉·亨德森称。

“已然受到货币政策紧缩冲击的投资,也可能是下一个牺牲品。”

塔玛拉·亨德森表示,印尼和泰国选举的不确定性,以及围绕马来西亚新政府对财政整顿承诺的疑问,可能会加剧投资者对该地区2018年余下时间的担忧。

以下是东南亚六大经济体的增长前景将受到的考验:

印尼升息几率增

●第一季度GDP按年:5.1%

●央行对2018年GDP的预测:5.1-5.2%

●彭博对2018年GDP 调查的中值:5.3%

印尼政策制定者一直在努力降低外界对经济增长的预期,因为在印尼盾大跌的背景下,他们已将重点转向促进金融稳定。

不断扩大的经常账赤字和投资外流,令2018年进一步加息成为可能,政府对降低支出和限制进口的承诺,则可能进一步抑制经济增长。印尼央行下一次利率决定将于周四宣布。

菲律宾经济或过热

●第一季度GDP按年:6.8%

●政府对2018年GDP的预测:7-8%

●彭博对2018年GDP调查的中值:6.7%

通胀远超目标区间上限,令菲律宾央行担心经济可能已经出现过热苗头。物价快速上涨也给原本强劲的经济增长蒙上阴影,特别是如果央行被迫加快加息步伐的话。

现在看来,菲律宾央行极有可能在8月9日,宣布年内第三次加息。

大马政策与全球背道而驰

●第一季度GDP按年:5.4%

●央行对2018年GDP的预测:5.5-6%

●彭博对2018年GDP调查的中值:5.5%

马来西亚充满不确定性,上台仅两个月的新政府,才刚刚开始给出较为清晰的经济政策。

计划在今年晚些时候推出的新销售税,可能会减缓消费者支出,随着更多基础设施项目被搁置,投资和政府支出前景也蒙上阴影。

马来西亚央行上周维持基准利率不变,在增长前景黯淡和通胀疲软的情况下,分析员的加息预期降温。该央行更趋温和的政策立场,与地区和全球趋势背道而驰。
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Re: KLSE starting to collapse
« Reply #10137 on: July 17, 2018, 04:04:33 AM »
(吉隆坡16日讯)分析员认为,虽然国家银行料今年不会升息,但在文告的字里行间,透露出对全球经济的少许悲观看法。

达证券引述国行在昨天文告提及的言论,发表这个观点。

国行指出,经济前景倾向于下行风险,因为全球的贸易紧张局势加剧,可能冲击市场情绪,影响贸易、投资和消费活动。

此外,发达经济体正在升息,投资者对市场的看法和情绪转变,料导致外资从新兴市场撤走,金融市场出现调整。

国际货币基金(IMF)总裁拉嘉德也在早前提出,随着主要工业国加大贸易战威胁,全球经济面临的风险正在上升,她说“乌云正日渐黑暗”。

达证券指出,作为开放经济体,大马难逃全球贸易战殃及,但国内私人领域的韧性,会抵消部分冲击。

“私人领域继续成为国内经济增长支柱,归功于收入和就业表现提高,以及消费税收空窗期。”

不过,该投行更关注在投资和建筑领域前景,因为政府推迟或取消部分大型项目。

达证券预测,今年的经济增幅为5.6%(去年为5.9%);当中第三季料达6.1%,末季可能降至5.5%。

偏向鸽派作风

丰隆投行则形容,国行本次的文告偏向鸽派。

国行指,以目前的利率水平而言,货币政策的宽松程度与政策立场相符,即确保国内经济在通胀率稳定的情况下,持续稳步增长;而国内的通胀仅出现短期下跌,随后在明年回升。

在这一论点上,该投行认为,国行在利率政策上采取鸽派作风,料在今年维持现有利率,除非出现意外的经济萎缩情况。

丰隆投行预测,我国在今年的经济增幅达5.2%,通胀料从去年的3.7%,减少至1.8%。



料明年下半升息

虽然大马利率与美国利率之间的差距将缩小,但若纳入我国在未来的低通胀因素,能扩大这个差距,让国行有较宽松的利率调动空间。

联昌国际投行研究指出,美联储升息让不少区域的央行跟进,而我国则按兵不动。

该投行指,我国与美国之间的利率差将逐渐缩小,但多亏于政府取消消费税与在9月重启销售与服务税,拉低今年的整体通胀率。

由此,若将通胀率因素纳入,则能让两国之间的利率差拉远,为国行提供较宽松的调动空间至年杪。

无论如何,该投行认为国行将谨慎行事,料维持3.25%至年杪,下一次的升息预计在明年下半年出现。
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Re: KLSE starting to collapse
« Reply #10138 on: July 17, 2018, 04:06:44 AM »
(吉隆坡16日讯)财政部长林冠英说,在重新落实销售及服务税(SST)后,服务税率为6%,而商品销售税为10%。

他指出,SST法案预料于8月在国会下议院会议通过,并在9月落实。

他今日在2018年全国税务大会上表示:“SST将于9月1日重新推行,
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Re: KLSE starting to collapse
« Reply #10139 on: July 17, 2018, 04:22:55 AM »
(吉隆坡16日訊)由于美國掀起貿易戰令全球經濟蒙上陰影,大馬債券評估機構(MARC)認為,即使我國的經濟基本面強穩,但政府必須創造收入及繼續削減開支,以應對內部和外部的各項挑戰。

MARC首席經濟學家諾扎希迪表示,美國挑起的貿易戰可能全面引爆,以及金融市場日益波動,正籠罩全球經濟前景。全球經濟年初至今高開低走。

展望將來,他認為,全球貿易表現不止取決于美國貿易夥伴所採取的報復舉措,還有美國貿易保護政策會提升至怎樣的程度。

與此同時,諾扎希迪指出,由于內需放緩,我國的首季國內生產總值(GDP)成長減速至5.4%,全年GDP增幅預計是5.3%,去年GDP成長為5.9%。首季的私人消費成長6.9%。

「我們預計私人消費將保持在強穩的7.2%,主要是由新政府推出一系列的利民措施所帶動,比如消費稅(GST)調整至零和穩定汽油(RON95)價格。」

他也說,我國的投資總額增幅料放慢,因為政府正檢討一些大型發展項目。

另一方面,諾扎希迪指出,經過2017年的強勁表現之后,今年首季的貿易表現恢復原有水平。首季的主要農業和礦業商品總出口下跌2.8%,製造業商品出口增幅也從去年的19%放緩至8.2%。

他相信外部領域未來將面對更大的挑戰,畢竟貿易戰將造成衝擊,以及各國決策者可能為了保持出口競爭力,亞洲貨幣可能因此貶值,尤其是人民幣。

此外,他補充,雖然出口成長放緩,但原油價格下半年料持續高企,在一定程度上可避免讓我國今年的整體貿易表現嚴重放緩。

「原油與液化天然氣(LNG)的出口總值成長自去年首季以來就一直良好,與全球油價顯著復甦一致。石油輸出國組織(OPEC)承諾確保油市平衡,將令下半年的油價企于3年平均價以上。」

今年油價65-75美元

經濟合作與發展組織(OECD)以外國家的經濟成長強勁,也將扶持全球原油需求。諾扎希迪稱,從油市供需情況和OPEC的最新動態來看,今年的原油平均價介于每桶65至75美元。而今年首5個月的通貨膨脹顯著放緩至1.7%,主要是被運輸成本拉低。首5個月的核心消費者價格指數(CPI)上升1.5%。MARC預測今年的通貨膨脹率是1.8%至2.3%,低于去年的3.7%。

「民眾普遍認為物價會在消費稅變零后下降,但降低物價是一個充滿挑戰的經濟課題,因為一些商家不願意這麼做。」

除此之外,諾扎希迪提到,雖然新財政措施對經濟有利,但若沒有其他創造收入的措施,我國中期的財政狀況必受影響。

「短期內,較高的油價和官聯企業(GLC)派發更多的股息,將彌補政府收入的缺口。政府削減開支也將舒緩財政負擔。」

因此,諾扎希迪認為,政府為了整頓財政將採取中期措施來創造收入,並持續削減營運和發展開支。雖然令吉短期內面對下行壓力,但諾扎希迪相信隔夜政策利率(OPR)下半年將保持不變。無論如何,我國債市上半年流失了209億令吉的資金,諾扎希迪稱,即使我國的經濟基本面強穩,但外部與內部因素料將令金融市場短期內劇烈波動。
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Re: KLSE starting to collapse
« Reply #10140 on: July 17, 2018, 07:48:13 AM »
KUALA LUMPUR: Malaysia would have been able to go ahead with the shelved mega-projects if not for the 1Malaysia Development Bhd (1MDB) scandal and other “mini 1MDBs” that are plaguing the country, said Finance Minister Lim Guan Eng.

“We would have been able to afford all these, including the originally planned light rail transit 3 (LRT 3).

“The 1MDB scandal itself cost us RM50bil.

“Many other scandals that are similar to 1MDB has cost us tens, and tens of billions of ringgit. We are now paying the price of the 1MDB scandal,” Lim said at a press conference during the National Tax Conference yesterday.

“And yet, until today, there are people who say that these scandals do not exist.

“But we know they exist because you and me are paying for the debts that have been incurred.

“We have paid RM7bil and we are going to pay another RM1.3bil this year (for 1MDB),” he added.

He said the scandals had cost the country a lot of money and sometimes, the people couldn’t comprehend the massive nature of these scandals.

“And where are we going to find the money (to pay the debts)? We have to find the money by hook or by crook.

“We have to find it to pay it off because we will not allow Malaysia to go into default, and this is why we have to rationalise all these projects that were approved without any reference to our ability to pay,” Lim said.

“For example, the LRT 3. If the Barisan Nasional government continued to rule, the price tag for the LRT 3 would be sustained at RM32bil. This amount won’t be borne by us but by the future generation: our children,” he said.

Lim noted that the cost of the LRT 3 was deliberately hidden by the previous government when it only cost RM10bil when it was initially announced.

“When the-then Cabinet approved the LRT 3 in 2015, it was only for RM10bil.

“Many people didn’t believe the cost then; how can it only be RM10bil and that it should be much higher.

“Of course, they didn’t want to tell you the bad news and only told you the good news first. But alas, the actual cost is RM32bil after we found a letter dated March 2018 by Prasarana Malaysia Bhd, where it admitted that the actual cost is not RM10bil,” he said.

“That is why it had to apply for an additional RM22bil in financing on top of the RM10bil already secured.

“This is what happens when we had a government that wants to hide from you the facts...that does not want to tell you the true cost of these mega-projects,” Lim added.

He said that despite the cost cuts and adjustments to the LRT 3, the rail line would still be a very strong and viable alternative for users to choose, rather than being stuck on the highways.

Lim said that there were three types of scandals or modus operandi of the wrongdoings that have been uncovered so far and they are: falsifications, hidden files and red files.

He also noted that while the country was in the midst of sorting out these scandals, its fundamentals remained sound, as evidenced by the low non-performing loans and deep capital markets.

   
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Re: KLSE starting to collapse
« Reply #10141 on: July 17, 2018, 07:48:48 AM »
KUALA LUMPUR: Malaysian palm oil futures snapped four earlier sessions of losses to gain on Monday evening on the back of improved demand and a market retracement, according to traders.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.7 percent at 2,173 ringgit ($537.87) a tonne at the close of trade, its strongest daily gain in over two weeks.

Trading volume stood at 48,843 lots of 25 tonnes each at the close of trade.

Palm oil prices fell to a three-year low in the previous session, tracking weakness in edible oils and falling demand.

However, the low prices have spurred some buying interest, said a Kuala Lumpur-based futures trader.

"Prices are up likely on bargain-buying, given the recent low prices," he said, while another trader added that palm is also up on a market retracement after last week's losses, which saw palm shed 5.3 percent for the week.

Malaysia palm oil exports fell 2.7 percent in the first half of July versus the previous month, according to data from inspection company AmSpec Agri Malaysia on Monday. This compares with a 14.4 percent decline for the July 1-10 period.

Meanwhile, cargo surveyor Societe Generale de Surveillance reported a 8.8 percent decline in Malaysian palm oil exports for the July 1-15 period, versus a 23.1 percent fall in the June 1-10 period.
In other related oils, the Chicago December soybean oil contract fell 0.9 percent, while the September soybean oil contract on China's Dalian Commodity Exchange dropped 0.4 percent.

Meanwhile, the Dalian September palm oil contract was up 0.7 percent.

Palm oil prices are usually impacted by the performance of other edible oils as they compete for a share in the global vegetable oils market. - Reuters
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Re: KLSE starting to collapse
« Reply #10142 on: July 17, 2018, 07:49:33 AM »
NEW YORK: Oil prices slumped more than 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.

Brent crude futures fell $3.49 to settle at $71.84 a barrel, a 4.63 percent loss, while U.S. West Texas Intermediate (WTI) crude futures fell $2.95 to settle at $68.06 a barrel, a 4.15 percent loss.

Brent's dive pushed it to a session low of $71.52 during the session, its lowest since mid-April.

Falling prices offset gains late last week caused by supply outages in Libya, a labor dispute in Norway and unrest in Iraq.

Russia and other oil producers could raise output by 1 million barrels per day (bpd) or more if shortages hit the market, Russian Energy Minister Alexander Novak told reporters on Friday.

Also weighing on futures were reports the United States could tap its Strategic Petroleum Reserve, which would add supply to the market.

Concerns over China's second-quarter GDP growth also was negative for prices during Monday's session. The country's economy expanded at a slower pace as Beijing's efforts to contain debt hurt activity, while June factory output growth weakened to a two-year low in a worrying sign for investment and exporters as a trade war with the United States intensified.

"The GDP missing a little bit psychologically was a warning sign that China is doing OK now, but not quite as strong as expected," said Phil Flynn, analyst at Price Futures Group in Chicago.

SPOTLIGHT ON SUPPLY

Production in Libya remained under threat. While its ports are reopening, output at Libya's Sharara oilfield was expected to fall by at least 160,000 bpd after two workers were abducted by an unknown group, the National Oil Corporation said on Saturday.

On July 11, the NOC said four export terminals were being reopened after eastern factions handed over the ports, while a lengthy shutdown at El Feel oilfield in the southwest also ended. Two days later, output at the nearby 300,000 bpd Sharara was slashed.

In Norway, a strike by offshore oil and gas workers accelerated on Monday when hundreds more walked out in a dispute over pay and pensions after employers failed to respond to union demands for a new offer.

Two protesters in Iraq died on Sunday in clashes with security forces in the town of Samawa amid anger in southern cities over public services and corruption. Demonstrations have yet to affect crude production.

U.S. Treasury Secretary Steven Mnuchin said Monday the United States' aim was to squeeze Iranian oil exports "to zero."

Mnuchin said Washington wanted to avoid disrupting markets and would in some cases consider waivers, but it had been made clear to allies it expects them to enforce sanctions against Iran.

Mnuchin is expected to head to India to discuss sanctions; the country is a prominent importer of Iranian crude, but officials there have said it will reduce those purchases.
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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10143 on: July 17, 2018, 08:18:39 AM »
Mr Kolep Olient  :giggle:   >> :handshake:  SUPER  BULL  AGAIN   ! :thumbsup: :clap: :clap: :clap:

Olient   :giggle: :rofl: >>  Don't  BE  P O N D A N  :cash: :cash:

Dow jone further steaminggg  :cash: :cash:

SUPER BULL  AGAIN  :thumbsup: :cash: :cash: :) :) 8)

MR KOLEP OLIENT ?  :D :D :giggle: :giggle:
 

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Re: KLSE starting to collapse
« Reply #10144 on: July 17, 2018, 08:31:25 AM »
NEW DELHI: India's trade ministry on Monday recommended imposing a 25 percent duty on imports of solar cells and modules from Malaysia and China for one year to try to counter what it sees as a threat to domestic solar equipment manufacturing.

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Re: KLSE starting to collapse
« Reply #10145 on: July 17, 2018, 08:36:05 AM »
NEW DELHI: India's trade ministry on Monday recommended imposing a 25 percent duty on imports of solar cells and modules from Malaysia and China for one year to try to counter what it sees as a threat to domestic solar equipment manufacturing.

India begins to fight trade war with our country like The Firer vs Ah Ping ?  :D :D :D

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Re: KLSE starting to collapse
« Reply #10146 on: July 17, 2018, 01:19:00 PM »
KUALA LUMPUR: The local market managed to hold firm in Tuesday's morning trade as regional markets fell back on a sharp decline in crude oil prices and a bullish dollar.

The Shanghai Composite Index fell 0.7%, Hong Kong's Hang Seng dropped 0.9% and the Kospi slid 0.2%.

At 12.30pm, the FBM KLCI was up 1.17 points to 1,727.84. Trading volume was 1.32 billion shares with a value of RM939.96mil. There were 371 advancing counters versus 348 decliners and 381 unchanged.

Digi was top on the list of gainers on the index, rising 27 sen to RM4.54 on the back of a positive earnings announcement on Friday.

Other leading gainers included Tenaga Nasional, which rose eight sen to RM14.72, Genting Malaysia, which added four sen to to RM5.04 and Petronas Gas, which climbed six sen to RM18.42.

Banking stocks were trading mixed. CIMB rose two sen to RM5.68, while Hong Leong Bank declined four sen to RM18.86. Maybank was unchanged at 9.57 while Public Bank was also unmoved at RM23.02.

On the broader market, Kossan moved 13 sen higher to RM8.72, Scientex gained 16 sen to RM7.83 and Pharmaniaga gained 11 sen to RM3.30.

Slipping back, Carlsberg gave up 16 sen to RM19.20, Allianz slipped 12 sen to RM12.56 while Shangri-La dropped 12 sen to RM5.86.

In oil markets, prices rebounded following steep losses in the previous session as Libya's major oil fields resumed production. A strike among oil workers in Norway intensified, help to prop up a market facing oversupply issues.

WTI crude edged up one cent to US$68.07 a barrel while Brent crude gained 35 cents to US$72.19 a barrel.

In currencies, the ringgit was unchanged against the greenback at 4.0443. It was 0.12% stronger against the pound sterling at 5.3580 and 0.1% weaker against the Singapore dollar at 2.9738.
   
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Re: KLSE starting to collapse
« Reply #10147 on: July 17, 2018, 02:06:28 PM »
KUALA LUMPUR (July 17): The FBM KLCI rose 1.17 points or 0.07% as foreign selling of Malaysian shares slowed.

At 12:30pm, the KLCI settled at 1,727.84 points, as index-linked stocks Digi.Com Bhd and Tenaga Nasional Bhd climbed among Bursa Malaysia top gainers.

According to Rakuten Trade Sdn Bhd vice president of research Vincent Lau, "the KLCI's gain was mainly due to the slowdown in foreign selling".

Across Bursa Malaysia, 1.32 billion shares worth RM939.87 million were traded. Digi.Com Bhd shares added 27 sen to RM4.54, while Tenaga climbed eight sen to RM14.72.

Digi shares rose today after the mobile telecommunication network provider declared on Friday, a tax-free dividend of 4.9 sen a share for financial year ending Dec 31, 2018.
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Re: MARKET BULL AGAIN $$$$$$$$
« Reply #10148 on: July 17, 2018, 03:45:45 PM »
Dow jone further steaminggg  :cash: :cash:

SUPER BULL  AGAIN  :thumbsup: :cash: :cash: :) :) 8)

MR KOLEP OLIENT ?  :D :D :giggle: :giggle:

ATTACCKKKKKKKKKKKKKK :clap: :clap: :cash: :cash: :thumbsup:

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Re: KLSE starting to collapse
« Reply #10149 on: July 18, 2018, 04:34:37 AM »
ATTACCKKKKKKKKKKKKKK :clap: :clap: :cash: :cash: :thumbsup:
Attack dogkim?
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